Colletrix - A Great Idea in the Blockchain Industry!

The Colletrix: 

The blockchain technology is a problem-solver, which makes use of its robust architectures to change the sordid state of affairs in many fiat enterprises. While it has much potential that could lead to a thriving ecosystem, digital assets also have a role to play in the whole affair. That is why Colletrix leverages both to bring an explosive approach to the dwindling fortunes in the intellectual property (IP) industry. 

 IP Problems
For this project to have proposed a solution points to the fact that some things are not going on as planned in the sector. Many issues have over the years culminated into trends that threaten the continued existence and use of IP. These are the basis behind the invention of this project.The major problem is the high rate of substandard and fake products, which cast the genuine ones in a bad light. Given the proliferation, it becomes a task for consumers to differentiate the good from the bad. Because of this, the chances of getting the right IP becomes hard, thereby, causing the creators to continue losing funds that could have come their way after selling off their products.

Launching a New Model
Colletrix is passionate about setting the records straight and restoring the lost glory of IP. Interestingly, it has relevant partners that have a vast experience in the niche. Taking advantage of this and implementing multiple features, it succeeded to integrate the previous model of marketing and buying IP with the new model that is formulated on a decentralized architecture hinged on the blockchain. In light of this, participants now have a completely new model that facilitates transactions in a seamless manner while upholding integrity by keeping users’ actions secure.

Prospects for IP Owners and other Participants
At the core of this project are the creators of intellectual property who are now certain of a steady flow of income from their IPs. Colletrix also empowers other participants such as merchandises and users to choose/obtain licenses for IPs and buying and trading on IPs with non-fungible tokens.

Swift Trading of Collectible Goods
Aside from the promotion of a new economic model that favors everyone, Colletrix also proposed a marketplace where participants can trade on collectible products. With its collaboration with UNDONE, a company that has experience in merchandising, it allows you to trade on UNDONE customized wristwatches. It's worth noting that this product just like subsequent ones that would be introduced in the future are paired with a near-field powered non-fungible token (NFT) for swift tracking of transactions. With this model, there tend to be limited incidences of fraudulent transactions on IP-designated products.

The CIPX Token
Colletrix has a native token called “CIPX”. It functions as the in-house payment system that handles all transactions within the ecosystem. As a means of encouraging the use and circulation of the token, Colletrix offers a discount from each payment made with CIPX.

Resources: 

Website : https://www.colletrix.com/
Bitcointalk ANN thread: https://bitcointalk.org/index.php?topic=5138397.0
Twitter : https://twitter.com/colletrix
Telegram : https://t.me/colletrix
Facebook : https://www.facebook.com/colletrix.io/
LinkedIn : https://www.linkedin.com/company/colletrixwriter's info
Bitcointalk username :  Ashking94
Bitcointalk profile :  https://bitcointalk.org/index.php?action=profile;u=2472485